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    Macpower CNC Machines Limited

    Rajkot-based manufacturer of CNC machine tools — turning centres, VMCs, HMCs and 5-axis machines — sold under its premium NEXA range with an in-house Macatrol® controller.

    Capital Goods
    Industrials
    View MACPOWER earnings calls
    ₹1,182.05
    +9.72% from avg

    Overview

    Price

    ₹1,182.05

    Market Cap

    ₹1.3k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1010101010101010
    Reserves57627587109133145165
    Borrowings10000311
    Other Liabilities3162584261729790
    Total Liabilities98134143139180218253265
    AssetsFixed Assets3637404447556061
    CWIP11003501
    Investments120555000
    Other Assets60769891125158194204
    Total Assets98134143139180218253265

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-11223-7517714
    Cash from Investing-3-1-2010-7-10-11-11
    Cash from Financing2-1-1-1-1-21-3
    SummaryCapital Expenditure
    Free Cash Flow-19-2118-11-26-93
    FCF Margin

    Valuation

    Assumptions

    Current — MACPOWER
    Price
    ₹1,182
    EPS (TTM)
    ₹33.88
    PE (TTM)
    34.9
    Profit growth
    38.1%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (31.9×) and current (34.9×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹1,182
    vs
    Fair value · 15% return
    ₹2,649
    124%Undervalued

    At 38.1% growth and a 32× exit, ₹1182 only delivers your return if you pay ₹2,649. The price is currently baking in 19% growth.

    EPS grows 38.1%/yr for 5 years, then fades to 6% over 2, exits at 32×.

    YearGrowthEPS (₹)
    FY2738.1%46.79
    FY2838.1%64.61
    FY2938.1%89.23
    FY3038.1%123.23
    FY3138.1%170.18
    FY3222.1% ·fade207.71
    FY336.0% ·fade220.17

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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